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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (49367)8/5/1998 7:11:00 PM
From: SE  Read Replies (1) of 58727
 
I think that the fact that the PREM (+13.50 or so)/TICK (movement -1300 to +900)/TIKI +30 is signalling a top has been put in. Normally this extreme in all three trigers the opposite direction within a day. Yesterdays close had all three massively negative....today's close had all three massively positive....

I suggest by tomorrow afternoon we are going back down.

BWDIK!

:)

I have noticed you pay closer attention to the movement than the absolute numbers. Actually, that is what I am doing with my analysis for buys/sells on the SPOO as well. It is movement as opposed to levels that triggers the system.

-Scott
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